🔰Advantages and Disadvantages

Advantages:

  1. Absolute Stability:

The peg to the value of USDT, the oldest and largest stable digital asset among all stable digital assets, will ensure that the value of VNST remains stable according to international standards. This brings absolute peace of mind to users and investors, minimizing risks from unwanted fluctuations in the digital asset market.

  1. Fast Transaction Speed:

With its high-speed feature, VNST transactions become fast and efficient. It does not take too much time to confirm transactions or worry about delays in conversion. VNST brings a smooth transaction experience, suitable for current user needs.

  1. Strong Security:

Building VNST on a blockchain platform brings superior security. VNST is committed to creating a safe, transparent environment and the ability for users to easily audit. Users can be completely assured of the protection of personal information and assets.

  1. Trusted Bridge:

VNST is not only an asset unit, but also a trusted bridge between users and the decentralized digital asset market. This brings convenience in participating in the digital asset world, especially for beginners.

  1. Scalability:

VNST's scalability is not limited to trading. It also opens up opportunities for integration into many different applications and services. From basic transactions to complex financial applications. VNST will help everyone fully utilize the potential of blockchain technology and digital assets.

  1. Multi-Function:

VNST is being developed and upgraded so that users can use it through Partners through features such as:

  • Spot, Swap, Future (Used)

  • Yield, Farming, Staking (Coming Soon)

  • Margin, Lending (Coming Soon)

VNST will cooperate with many Partners to bring diversity to users. From there, users can use VNST as a tool to bring profits and benefits to users.

Limitations:

  1. Depends on the Stability of USDT Value:

The value of VNST is closely related to the stability of USDT value. If USDT value loses stability, VNST will be affected and lose value accordingly.

  1. Liquidity Risk:

  • During operation, liquidity risk is always a key point affected by many subjective and objective factors, which need to be monitored and controlled all the time to minimize negative impacts or damages, if any, to related parties (including projects, users, partners, etc.). VNST, within the capacity of the project and depending on market fluctuations, will prepare appropriate response scenarios for situations such as the value of stable digital assets losing stability, reserves being affected locally or comprehensively, temporary liquidity shortages, etc.

  • To solve this problem, in the first phase, VNST will only allow a maximum circulating supply of 100 billion VNST to be issued by Mint, and will also establish strict control and alarm mechanisms, and apply the latest risk control standards so that the project can manage liquidity at the most stable level. From there, ensure continuous liquidity and trust for VNST users at the highest level.

  1. Technical Risk:

Technical risks such as attacks on Smart Contract or websites may occur. To resolve this, VNST can use the identity verification feature (KYC) for users, along with an unusual transaction warning system. This will prevent attacks and minimize damage.

  1. Legal Risk:

To resolve legal risks, VNST will not be used as a means of payment in the Vietnamese market, to ensure compliance with currency and payment regulations under current laws in Vietnam.

  1. Ethical Risk:

Ethical risks may be related to a lack of transparency, unfulfilled promises, unreasonable profits, and violations of the law. To minimize this risk, VNST maintains transparency, honesty, and compliance with the law above all. All information will be maintained by VNST with transparent information from a single source. This will build trust with the user community and ensure the ethical nature of the product.

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